Cost of Living Comparison Between Seoul and Minneapolis, MN 

Indices DifferenceInfo
Consumer Prices in Minneapolis, MN are 9.5% higher than in Seoul (without rent)
Consumer Prices Including Rent in Minneapolis, MN are 16.3% higher than in Seoul
Rent Prices in Minneapolis, MN are 34.4% higher than in Seoul
Restaurant Prices in Minneapolis, MN are 82.9% higher than in Seoul
Groceries Prices in Minneapolis, MN are 10.2% lower than in Seoul
Local Purchasing Power in Minneapolis, MN is 35.0% higher than in Seoul
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Seoul Edit Minneapolis, MN Edit Difference
Meal, Inexpensive Restaurant 11,000.00 ₩
(8.02 $)
27,422.00 ₩
(20.00 $)
     +149.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 70,000.00 ₩
(51.05 $)
106,260.25 ₩
(77.50 $)
     +51.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 8,000.00 ₩
(5.83 $)
13,711.00 ₩
(10.00 $)
     +71.4 %
Domestic Beer (1 pint draught) 5,000.00 ₩
(3.65 $)
9,597.70 ₩
(7.00 $)
     +92.0 %
Imported Beer (12 oz small bottle) 7,000.00 ₩
(5.11 $)
9,597.70 ₩
(7.00 $)
     +37.1 %
Cappuccino (regular) 5,244.61 ₩
(3.83 $)
7,789.29 ₩
(5.68 $)
     +48.5 %
Coke/Pepsi (12 oz small bottle) 2,113.83 ₩
(1.54 $)
3,939.34 ₩
(2.87 $)
     +86.4 %
Water (12 oz small bottle) 1,109.78 ₩
(0.81 $)
2,925.01 ₩
(2.13 $)
     +163.6 %
Markets
Seoul Edit Minneapolis, MN Edit
Milk (regular), (1 gallon) 11,133.03 ₩
(8.12 $)
5,069.84 ₩
(3.70 $)
     -54.5 %
Loaf of Fresh White Bread (1 lb) 3,776.63 ₩
(2.75 $)
4,998.41 ₩
(3.65 $)
     +32.4 %
Rice (white), (1 lb) 2,110.04 ₩
(1.54 $)
3,071.37 ₩
(2.24 $)
     +45.6 %
Eggs (regular) (12) 4,480.08 ₩
(3.27 $)
4,967.95 ₩
(3.62 $)
     +10.9 %
Local Cheese (1 lb) 7,317.75 ₩
(5.34 $)
7,310.05 ₩
(5.33 $)
     -0.1 %
Chicken Fillets (1 lb) 6,503.55 ₩
(4.74 $)
8,779.00 ₩
(6.40 $)
     +35.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 23,449.70 ₩
(17.10 $)
10,391.43 ₩
(7.58 $)
     -55.7 %
Apples (1 lb) 4,169.67 ₩
(3.04 $)
3,696.26 ₩
(2.70 $)
     -11.4 %
Banana (1 lb) 2,158.49 ₩
(1.57 $)
1,244.58 ₩
(0.91 $)
     -42.3 %
Oranges (1 lb) 3,501.40 ₩
(2.55 $)
2,974.94 ₩
(2.17 $)
     -15.0 %
Tomato (1 lb) 3,704.52 ₩
(2.70 $)
3,954.87 ₩
(2.88 $)
     +6.8 %
Potato (1 lb) 2,570.68 ₩
(1.87 $)
1,963.17 ₩
(1.43 $)
     -23.6 %
Onion (1 lb) 1,943.53 ₩
(1.42 $)
2,255.46 ₩
(1.65 $)
     +16.0 %
Lettuce (1 head) 3,361.20 ₩
(2.45 $)
3,122.68 ₩
(2.28 $)
     -7.1 %
Water (1.5 liter bottle) 1,527.31 ₩
(1.11 $)
2,615.37 ₩
(1.91 $)
     +71.2 %
Bottle of Wine (Mid-Range) 25,000.00 ₩
(18.23 $)
20,566.50 ₩
(15.00 $)
     -17.7 %
Domestic Beer (0.5 liter bottle) 3,526.62 ₩
(2.57 $)
2,924.61 ₩
(2.13 $)
     -17.1 %
Imported Beer (12 oz small bottle) 3,878.68 ₩
(2.83 $)
5,365.57 ₩
(3.91 $)
     +38.3 %
Cigarettes 20 Pack (Marlboro) 4,500.00 ₩
(3.28 $)
13,711.00 ₩
(10.00 $)
     +204.7 %
Transportation
Seoul Edit Minneapolis, MN Edit
One-way Ticket (Local Transport) 1,450.00 ₩
(1.06 $)
3,427.75 ₩
(2.50 $)
     +136.4 %
Monthly Pass (Regular Price) 61,000.00 ₩
(44.49 $)
123,399.00 ₩
(90.00 $)
     +102.3 %
Taxi Start (Normal Tariff) 4,800.00 ₩
(3.50 $)
6,855.50 ₩
(5.00 $)
     +42.8 %
Taxi 1 mile (Normal Tariff) 1,609.34 ₩
(1.17 $)
2,399.43 ₩
(1.75 $)
     +49.1 %
Taxi 1hour Waiting (Normal Tariff) 12,000.00 ₩
(8.75 $)
50,730.70 ₩
(37.00 $)
     +322.8 %
Gasoline (1 gallon) 6,359.53 ₩
(4.64 $)
4,727.82 ₩
(3.45 $)
     -25.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,731,000.00 ₩
(27,518.78 $)
45,172,260.60 ₩
(32,946.00 $)
     +19.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,450,892.86 ₩
(25,126.46 $)
35,547,779.23 ₩
(25,926.47 $)
     +3.2 %
Utilities (Monthly)
Seoul Edit Minneapolis, MN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 245,357.30 ₩
(178.95 $)
230,840.89 ₩
(168.36 $)
     -5.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 60,381.58 ₩
(44.04 $)
70,031.57 ₩
(51.08 $)
     +16.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 32,375.40 ₩
(23.61 $)
89,553.76 ₩
(65.32 $)
     +176.6 %
Sports And Leisure
Seoul Edit Minneapolis, MN Edit
Fitness Club, Monthly Fee for 1 Adult 71,031.75 ₩
(51.81 $)
41,133.00 ₩
(30.00 $)
     -42.1 %
Tennis Court Rent (1 Hour on Weekend) 28,620.00 ₩
(20.87 $)
36,562.67 ₩
(26.67 $)
     +27.8 %
Cinema, International Release, 1 Seat 15,000.00 ₩
(10.94 $)
19,880.95 ₩
(14.50 $)
     +32.5 %
Childcare
Seoul Edit Minneapolis, MN Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 517,833.33 ₩
(377.68 $)
1,988,095.00 ₩
(1,450.00 $)
     +283.9 %
International Primary School, Yearly for 1 Child 27,654,545.45 ₩
(20,169.61 $)
33,463,980.67 ₩
(24,406.67 $)
     +21.0 %
Clothing And Shoes
Seoul Edit Minneapolis, MN Edit
1 Pair of Jeans (Levis 501 Or Similar) 83,308.30 ₩
(60.76 $)
83,059.52 ₩
(60.58 $)
     -0.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 60,656.82 ₩
(44.24 $)
61,694.93 ₩
(45.00 $)
     +1.7 %
1 Pair of Nike Running Shoes (Mid-Range) 116,545.45 ₩
(85.00 $)
124,770.10 ₩
(91.00 $)
     +7.1 %
1 Pair of Men Leather Business Shoes 172,647.06 ₩
(125.92 $)
166,245.87 ₩
(121.25 $)
     -3.7 %
Rent Per Month
Seoul Edit Minneapolis, MN Edit
Apartment (1 bedroom) in City Centre 1,167,828.19 ₩
(851.75 $)
2,234,378.84 ₩
(1,629.62 $)
     +91.3 %
Apartment (1 bedroom) Outside of Centre 704,545.45 ₩
(513.85 $)
1,642,155.92 ₩
(1,197.69 $)
     +133.1 %
Apartment (3 bedrooms) in City Centre 3,660,418.41 ₩
(2,669.69 $)
3,644,009.86 ₩
(2,657.73 $)
     -0.4 %
Apartment (3 bedrooms) Outside of Centre 1,959,552.36 ₩
(1,429.18 $)
2,548,722.56 ₩
(1,858.89 $)
     +30.1 %
Buy Apartment Price
Seoul Edit Minneapolis, MN Edit
Price per Square Feet to Buy Apartment in City Centre 2,394,964.56 ₩
(1,746.75 $)
416,938.87 ₩
(304.09 $)
     -82.6 %
Price per Square Feet to Buy Apartment Outside of Centre 1,378,235.66 ₩
(1,005.20 $)
320,495.21 ₩
(233.75 $)
     -76.7 %
Salaries And Financing
Seoul Edit Minneapolis, MN Edit
Average Monthly Net Salary (After Tax) 3,917,584.03 ₩
(2,857.26 $)
6,151,232.41 ₩
(4,486.35 $)
     +57.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.13 6.54      +27.4 %
Last update: May 2024April 2024
Contributors in the past 12 months:21398